Fox News host gives his take on Elon Musk’s offer to buy Twitter on ‘Tucker Carlson Tonight.‘
As of now, Elon Musk rejected a seat on the board of Twitter after buying nearly 10% of Twitter shares, making him the largest stakeholder of the company.
Then, Elon Musk offered to buy Twitter outright with a massive offer.
Musk made a statement about his offer to buy Twitter, saying: “I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy.
However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.
As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder.
Twitter has extraordinary potential. I will unlock it.”
Other people connected to Twitter may not approve of Elon Musk buying the company and possibly taking the social media platform to a private status.